Question

question 1 of 11 what are the three critical functions that money must fulfill? select an answer from the options below. a medium of exchange, store of value, unit of measure b medium of exchange, unit of measure, durability c medium of exchange, unit of account, means of storage d medium of exchange, store of wealth, unit of measure

Explanation:

The three core, critical functions of money are serving as a medium of exchange (to facilitate transactions), a unit of account (to measure and compare value), and a store of value (to preserve purchasing power over time; sometimes referred to as means of storage of value in equivalent terms). Option C correctly lists these three functions.

Answer:

C. Medium of exchange, unit of account, means of storage